Curiosity in CBDCs Could Be “Accentuating” Bitcoin’s (BTC) Function within the International …

Grayscale Investments, a subsidiary of the Digital Forex Group (DCG), has revealed a report which argues that legacy banking infrastructure has made it troublesome to distribute stimulus cash, following the COVID-19 outbreak. The report states: “Central bank digital currencies [CBDCs] have the potential to streamline payments, but may compete with commercial banking, further politicize financial services, and fail to gain widespread adoption.”